Investing.com - Asian stock markets were mixed on Thursday, as a disappointing overnight session on Wall Street dampened sentiment.
Market players looked ahead to the release of revised U.S. first quarter growth data due later in the session.
During late Asian trade, Hong Kong''s Hang Seng eased down 0.05%, China’s Shanghai Composite declined 0.36%, Australia’s S&P/ASX 200 closed 0.14% lower, while Japan’s Nikkei 225 ended up 0.07%.
Asia was given a negative lead from the U.S., where rising Treasury yields sapped appetite for riskier assets.
In Tokyo, the Nikkei swung between small gains and losses as investors continued to monitor movements in the currency market.
The yen traded at ¥101.70 against the U.S. dollar, compared to the previous session’s high of ¥101.62 (USD/JPY).
Meanwhile, in Australia, the ASX/200 Index eased off the previous session’s one-month high, while the Australian dollar rallied to a one-week peak against the greenback.
The Aussie (AUD/USD) strengthened to 93.00 U.S. cents from a low of 92.13 U.S. cents in the prior session.
Elsewhere, shares in mainland China and Hong Kong fluctuated between gains and losses amid ongoing concerns over the health of China’s economy.
Looking ahead, European stock market futures pointed to a mixed open. The Euro Stoxx 50 futures pointed to a gain of 0.1%, France’s CAC 40 indicated a decline of 0.15%, Germany''s DAX pointed to a drop of 0.1%, while London’s FTSE 100 indicated a flat open.
Across the Atlantic, U.S. equity markets pointed to a firm open. The Dow futures pointed to a gain of 0.15%, the S&P 500 added 0.2%, while the Nasdaq 100 indicated a rise of 0.2%.